Azerbaijani banks earned 520 million manats of net profit over 5 months

The Central Bank of Azerbaijan has published a banking review on the results of January-May 2024. The document says that over 5 months the local banks earned 519.7 million manats of net profit, which is up by 18.9% from the same period of the last year. Over 5 months, the banks earned 1,626.2 million manats of interest income, 674.7 million manats of non-interest income, 2.3 million manats of windfall income, incurred 450.7 million manats o...

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